CoinEx Token Price Chart Update [CET]

The CET price update as of now is $0.03768. In the previous 24 hours, its trading volume was $67,094, and its value has decreased by -0.09%. As of now, CET's live market cap is $7,578,339, and it is ranked as the #1040 on the Coincu. CET has a circulating supply of 5,868,849,038 and a maximum supply of 5,868,849,038.

Introduction to CoinEx Token (CET)

The CoinEx Token (CET) functions as the exclusive token for CoinEx exchange, a payment exchange associated with ViaBTC, a leading global mining pool.

CoinEx Token (CET): An Overview

CoinEx exchange, a centralized cryptocurrency exchange (CEX), was established in December 2017 in the UK but has its headquarters in Hong Kong. It operates under the guidance of ViaBTC, a prominent mining pool in the industry.

The Evolution of CoinEx Exchange: A Timeline

• December 2017: CoinEx exchange was founded in the UK and is now headquartered in Hong Kong.
• 2018: CoinEx exchange briefly exceeded Binance in daily transaction volume, reaching up to $1.5 billion USD.
• February 2019: The exchange introduced the Accelerator service to support and promote Blockchain projects.

The Unique Conversion Fee Model of CoinEx Exchange

Unlike other exchanges that use their own tokens to reduce transaction fees, CoinEx exchange employs a distinctive model called a "conversion fee." This model involves reimbursing the fee to users in the form of CoinEx Token (CET) after completing a trade.

Essentially, users still pay fees during transactions, but these fees are later refunded through CoinEx Token (CET). If users prefer not to hold CET, they have the option to sell it for other cryptocurrencies.

This model benefits CoinEx by attracting a large user base, increasing liquidity for CET tokens, and providing advantages to users.

The CoinEx Ecosystem: Key Components

CoinEx Exchange

CoinEx Exchange is a comprehensive trading platform that offers features such as perpetual contract trading, spot trading, margin trading, and more.

ViaBTC Pool

ViaBTC Pool is a prominent mining pool responsible for mining various top cryptocurrencies.

CoinEx Smart Chain

CoinEx Smart Chain is a smart contract chain designed to enhance the efficiency of decentralized transactions. It boasts high execution speed, excellent compatibility with Ethereum, and relatively low transaction fees.

OneSwap

OneSwap is a decentralized exchange that encompasses essential functions like swapping, trading, and providing liquidity.

ViaWallet

ViaWallet is a storage wallet that supports 36 different types of coins and tokens across six different chains. Additionally, users can engage in staking, utilize dApps, and access the OneSwap exchange directly within the ViaWallet interface.

Roadmap of CoinEx Exchange

Updating.....